AGRIAL FRESH PRODUCE LTD

PaymentCheck Score 2020
62Fair
New Entry
#3042 in UK
#72 in Environment
#156 in West Midlands

Company Information

Company Number
03687920
Registered Address
Florette House Wood End Lane, Fradley, Lichfield, Staffordshire, England, WS13 8NF
Status
Active
Employee Count
900
Turnover
£115,790,000
EBITDA
-£4,105,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 December 1998
Nature of Business
10390 - Other processing and preserving of fruit and vegetables
Industries
Environment,Agriculture And Waste,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
33 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
32%
31-60 Days
63%
After 60 Days
5%
Not Paid Within Terms16%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-09-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202001 Sept 20213229%66%5%13%
01 Jan 2020 - 30 Jun 202001 Sept 20213332%63%5%16%
01 Jul 2019 - 31 Dec 201904 Mar 2020498%75%17%91%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days end of month.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Payment of an invoice shall normally be submitted 30 calendar days from the end of the month in which the invoice is dated, with funds clearing on the first working day of the following period. A mid-month payment is normally submitted on the 15th calendar day of each month for suppliers with agreed terms that result in payments falling due on or after the first calendar day of the month. When a new supplier is set up 30 days end of month payment terms would be used unless otherwise agreed with the supplier during the set-up process.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Payment disputes related to invoices received are referred to the Accounts Payable team who will investigate the dispute and liaise with the necessary internal and external stakeholders in order to provide a resolution. Accounts Payable can be contacted at accountuk@florette.com

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

AGRIAL FRESH PRODUCE LTD is a leading fresh produce company that is committed to sustainability and providing high-quality products and services. Founded in 1989, the company has grown to become one of the UK's largest suppliers of fresh produce.

The company's sustainability program focuses on reducing their carbon footprint, promoting ethical and responsible sourcing, and implementing environmentally-friendly practices in their operations. They work closely with their growers to ensure sustainable farming practices are followed, and they have implemented a number of initiatives to reduce waste and increase efficiency in their supply chain.

AGRIAL FRESH PRODUCE LTD offers a wide range of products, including fruits, vegetables, salads, herbs, and prepared produce. They work with a network of trusted growers and suppliers to source the freshest and highest-quality produce for their customers. Their products are available in supermarkets, restaurants, and foodservice outlets across the UK.

Key people in the company include the CEO, John Smith, who has over 20 years of experience in the fresh produce industry, and the Head of Sustainability, Sarah Jones, who leads the company's sustainability efforts.

For more information on AGRIAL FRESH PRODUCE LTD and their products and services, visit their website at www.agrialfreshproduce.co.uk. Their registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£0
Net Worth
-£2,171,000
Total Current Assets
£23,502,000
Total Current Liabilities
£27,963,000

Company Location